Industries

Energy

Shell Dismisses BP Takeover Talks as Mere ‘Speculation’

Photo via Karol Serewis/ZUMAPRESS/Newscom

A megamerger of this sort would vault Shell’s market cap closer to ExxonMobil’s $468 billion and likely beyond Chevron’s $248 billion.

2 min read

Photo via Cfoto/ZUMAPRESS/Newscom

Healthcare

AstraZeneca and Daiichi Sankyo Treatment Wins First of Its Kind FDA Blessing to Treat Lung Cancer

Like many other major pharmaceutical companies, AstraZeneca is facing a series of patent cliffs for key treatments in its portfoilio.

2 min read
Photo via Dave Cullen/EEm/SIPA USA/SportPix/Sipa USA/Newscom

Industries

Carnival Cruises Past Market Expectations in Boon for Shares

The choppy waters predicted for the cruise industry this year were based on the very real risks of trade wars and real wars.

2 min read
Photo via Abaca Press/Blondet Eliot/Abaca/Sipa USA/Newscom

Healthcare

Novo Nordisk Backs Away From Hims & Hers Partnership

Novo and Hims’ April team-up turned the two firms from competitors into collaborators at just the right moment.

2 min read

Industries

Drones Steal the Paris Air Show

Photo via IMAGO/Vincent Isore/IMAGO/IP3press/Newscom

A record number of drones are on display at the world’s largest aerospace event in Paris this week, marking a major industry milestone.

1 min read

Photo via James Thew/Newscom

Energy

Oil Prices Spike as Israel-Iran Conflict Threatens Production, Shipping

With no immediate end in sight, analysts are weighing multiple possibilities that could affect prices down the line.

2 min read
Photo via Andy Dean/Newscom

Media & Entertainment

Proposed Crackdown on Pharma Ads Leaves Cable TV Fearing $10B Withdrawal

The US and New Zealand are the only two countries that allow pharmaceutical companies to directly advertise to patients on TV.

2 min read
Photo via Kyodonews/ZUMAPRESS/Newscom

International Economics

US Flexes Golden Share in Nippon Merger With US Steel

The deal is the Trump administration’s attempt to stake out a new path for balancing national security and the influx of foreign capital.

2 min read

Industrials

At Paris Air Show, eVTOL Industry Preps for Takeoff

Photo via Cover Images/ZUMAPRESS/Newscom

For key US eVTOL players Joby Aviation and Archer Aviation, the Paris Air Show comes at a critical moment.

2 min read

Photo via Cover Images/ZUMAPRESS/Newscom

Technology

Can Blue Origin Fill NASA’s SpaceX Void?

NASA is looking to decrease its dependency on key contractor SpaceX, but Jeff Bezos’s Blue Origin is going nowhere at exactly the wrong time.

2 min read
Photo illustration by Connor Lin / The Daily Upside

Autos

Can Elon Musk’s Pajama Party Brighten Up Tesla’s Tomorrow?

Elon Musk is again sleeping at Tesla’s offices again, but that may not be enough to restart the top US EV-maker’s engine.

4 min read
Photo via Bruce Cotler/ZUMAPRESS/Newscom

Media & Entertainment

Switch 2 Becomes Nintendo’s Fastest-Selling Console

The Switch 2 sold 3.5 million units in its first four days, and Nintendo’s targeting 15 million units for this fiscal year.

2 min read

Consumer

Starbucks’ China Business May Need a Caffeine Jolt

Photo via Cfoto/ZUMAPRESS/Newscom

In an interview with the Financial Times, Starbucks CEO Brian Niccol said the company is exploring a partial sale of its China business.

2 min read

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